Math Problem Statement
Use the graph below, which shows the profit, y, in thousands of dollars, of a company in a given year, t, where t represents the number of years since 1980. Find the linear function y, where y depends on t, the number of years since 1980.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Functions
Graph Interpretation
Formulas
Slope formula: m = (y2 - y1) / (t2 - t1)
Point-slope form: y = m * t + b
Slope-intercept form: y(t) = m * t + b
Theorems
Linear Equation Theorem
Suitable Grade Level
Grades 9-10
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